ProShares Ultra Oil & Gas (DIG) to Issue $0.13 Quarterly Dividend
ProShares Ultra Oil & Gas (NYSEARCA:DIG) declared a quarterly dividend on Tuesday, December 26th, Wall Street Journal reports. Investors of record on Wednesday, December 27th will be given a dividend of 0.1339 per share by the exchange traded fund on Thursday, January 4th. This represents a $0.54 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Tuesday, December 26th.
ProShares Ultra Oil & Gas (NYSEARCA DIG) traded up $0.59 on Tuesday, reaching $40.00. The company had a trading volume of 57,107 shares, compared to its average volume of 118,495. ProShares Ultra Oil & Gas has a 12-month low of $28.35 and a 12-month high of $45.24.
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About ProShares Ultra Oil & Gas
ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
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